Category: News
ShinyShiny snippets: Concerns over speed put people off broadband social tariffs
Concerns about broadband speed are putting eligible households off signing up for discounted broadband deals, research from Which? has shown. It surveyed more than 2,000 people eligible for fixed broadband social tariffs to uncover the barriers to signing up. Worryingly, four in 10 of those surveyed who are eligible for and aware of social tariffs…
ShinyShiny snippets: Meta slashes 11,000 jobs to cut costs
Meta, the owner of Facebook and Instagram, has become the latest big tech player to wield the axe in the tougher global economy, laying off 13% of its workforce. The firm announced on Wednesday it will cut its global headcount by more than 11,000 employees as part of a wider shake-up of the business that…
ShinyShiny snippets: iPhone maker invests in Tesla Cybertruck challenger
Lordstown Motors' electric pick-up truck, the Endurance Foxconn, which makes iPhones for Apple, says it is deepening its investment in a US electric pick-up truck firm, which could challenge Tesla's Cybertruck. The technology giant is spending up to $170m (£147.8m) on shares in the loss-making start-up Lordstown Motors. The major cash…
ShinyShiny snippets: Virgin sells stake in Hyperloop
Sir Richard Branson is preparing to sell off Virgin’s stake in a US hyperloop start-up as interest in the technology envisioned by Twitter billionaire Elon Musk fades. A source said Virgin will begin stripping its branding from US business Hyperloop One over the coming weeks and will divest its equity stake at the same time.…
ShinyShiny snippets: Elon Musk ‘no choice’ but to slash Twitter staff
Twitter's new owner Elon Musk says he had "no choice" but to slash the company's workforce as the firm is losing more than $4m (£3.5m) a day. Half of the company's staff are being let go, a week after Mr Musk bought Twitter in a $44bn (£38.7bn) deal. Twitter staff have been using the platform…
ShinyShiny snippets: Fujifilm announces X-T5 digital mirrorless camera
Another Fujifilm X Summit took place live today from Tokyo, Japan. It was the third X Summit event in 2022, following the X-H2S launch in Omiya in May and then the X-H2 launch in New York in September. At the summit, we saw Fujifilm launch the Fujifilm X-T5 along with the XF30mmF2.8 R LM WR Macro lens. The X-T5 looks likely…
ShinyShiny snippets: Gigafactory startup on brink of administration
The UK government-backed battery startup Britishvolt is on the brink of entering administration with the potential loss of almost 300 jobs, after it struggled to find investors willing to fund its effort to build a giant £3.8bn “gigafactory” in north-east England. The company had considered an administration as early as Monday, two sources with knowledge…
Scammer House of Horrors – millions falling for online fraud
NatWest are working with actor Simon Callow on free book, ‘The Scammer House of Horrors’ Millions of Brits have fallen foul of, or been targeted by, fraudsters – with a quarter of those who have found themselves a victim scammed while looking for love online. Phone call phishing, invoice redirection fraud…
ShinyShiny snippets: Elon Musk completes $44bn Twitter takeover
Elon Musk has completed his $44bn (£38bn) takeover of Twitter after months of toing and froing over the deal. His first move was to fire the social media company's top leadership, which he accused of misleading him over the number of spam accounts on the platform. Musk sacked Twitter's chief executive Parag Agrawal, chief financial officer Ned…
ShinyShiny snippets: ‘5G is overhyped’, claims report
5G connectivity is overhyped - and many users are yet to experience improvements in mobile speed or reliability, says a new study. Research from Uswitch.com found one in six mobile users felt the power of the technology had been overstated, and less than half said they had seen noticeable speed or reliability improvements since upgrading.…
